Amazon surprises Wall Street with huge profits, optimistic outlook

“Amazon said it expects operating profit this quarter between $1.1 billion and $1.9 billion, up from $628 million a year earlier” writes Midwest Communications Inc for 95kqds.com. Separately, the company and the U.S. National Football League announced a deal to stream Thursday night games during the 2018 and 2019 seasons on Amazon’s Prime Video.Amazon’s results bucked expectations that it would plow more profit into investments, as it has done in the past.